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Piccadily Sugar Overview

Piccadily Sugar & Allied Industries Limited, established on March 15, 1993, is a prominent player in the food production sector, particularly known for its sugar manufacturing. The company is registered at the Registrar of Companies in Chandigarh and operates as a non-governmental public entity. With an authorized share capital of INR 400,000,000 and a paid-up capital of INR 232,545,270, the company has a solid financial base to support its operations.The company’s last reported Annual General Meeting (AGM) was held on September 28, 2022...Read More

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Piccadily Sugar Key Financials

Market Cap ₹80 Cr.

Stock P/E -88

P/B 6.1

Current Price ₹34.3

Book Value ₹ 5.6

Face Value 10

52W High ₹68.3

Dividend Yield 0%

52W Low ₹ 31

Piccadily Sugar Share Price

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Volume
Price

Piccadily Sugar Quarterly Price

Show Value Show %

Piccadily Sugar Peer Comparison

Piccadily Sugar Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 1 1 0 3 1 0 0 0 1
Other Income 0 0 1 0 0 0 1 1 3 1
Total Income 2 1 1 0 3 2 2 1 3 2
Total Expenditure 2 2 1 1 3 3 1 0 0 1
Operating Profit -1 -1 0 -0 -1 -2 1 1 2 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 0 1
Exceptional Income / Expenses 0 0 2 0 0 2 0 0 0 0
Profit Before Tax -1 -2 2 -1 -1 -0 0 0 2 0
Provision for Tax -0 -0 1 -0 -0 -1 0 0 0 0
Profit After Tax -1 -1 1 -1 -1 1 0 -0 2 0
Adjustments 0 0 0 -0 0 -0 -0 0 0 0
Profit After Adjustments -1 -1 1 -1 -1 1 0 -0 2 0
Adjusted Earnings Per Share -0.3 -0.6 0.4 -0.3 -0.5 0.3 0.1 -0 0.7 0.1

Piccadily Sugar Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 12 11 8 7 33 39 24 30 17 5 4 1
Other Income 1 1 3 5 2 4 5 2 3 1 2 6
Total Income 14 12 11 13 35 43 29 32 20 6 6 8
Total Expenditure 11 9 8 10 30 39 25 28 21 8 8 2
Operating Profit 3 3 3 3 4 4 4 4 -1 -2 -1 5
Interest 0 0 0 0 1 1 0 0 0 0 0 0
Depreciation 2 2 3 3 3 4 4 3 3 3 3 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 1 3 2 0
Profit Before Tax -0 0 0 0 0 0 0 0 -3 -2 -2 2
Provision for Tax 0 -0 0 0 0 0 -0 0 -1 -0 -1 0
Profit After Tax -0 0 0 -0 0 0 1 0 -2 -2 -1 2
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 0 0 -0 0 0 1 0 -2 -2 -1 2
Adjusted Earnings Per Share -0.1 0 0 -0.1 0.1 0 0.4 0 -0.9 -0.8 -0.4 0.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -20% -49% -37% -10%
Operating Profit CAGR 0% NAN% NAN% NAN%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -41% 23% 48% 22%
ROE Average -8% -12% -6% -3%
ROCE Average -6% -10% -5% -1%

Piccadily Sugar Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 15 15 15 15 15 15 16 16 14 12 11
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 4 4 0 4 5 4 4 2 2 15 21
Other Non-Current Liabilities -1 -1 -1 -1 -1 -0 -1 -1 -2 -2 -3
Total Current Liabilities 22 24 27 30 38 32 30 29 37 42 63
Total Liabilities 40 42 41 49 58 51 49 47 51 67 92
Fixed Assets 32 31 28 37 42 39 35 33 30 27 34
Other Non-Current Assets 4 4 8 5 2 2 1 2 5 25 44
Total Current Assets 4 7 5 7 14 11 13 12 16 14 14
Total Assets 40 42 41 49 58 51 49 47 51 67 92

Piccadily Sugar Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 2 1 0 1 1 1 0
Cash Flow from Operating Activities 1 1 8 1 7 -2 0 4 4 4 20
Cash Flow from Investing Activities -1 -1 -4 -4 -7 3 0 -1 -3 -18 -26
Cash Flow from Financing Activities -0 0 -4 4 0 -2 -0 -2 -1 13 6
Net Cash Inflow / Outflow -0 0 -0 1 -0 -1 1 -0 0 -1 0
Closing Cash & Cash Equivalent 0 0 0 2 1 0 1 1 1 0 1

Piccadily Sugar Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.11 0.01 0.04 -0.05 0.14 0.01 0.39 0.01 -0.89 -0.82 -0.39
CEPS(Rs) 0.96 1.08 1.13 1.09 1.57 1.57 1.9 1.39 0.35 0.42 0.78
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 6.44 6.45 6.49 6.43 6.58 6.58 6.98 6.99 6.06 5.24 4.85
Core EBITDA Margin(%) 9.14 12.66 3.08 -29.86 6.9 0.47 -3.7 4.2 -19.36 -64.74 -83.66
EBIT Margin(%) 0.87 2.96 4.63 2.48 2.78 1.92 3.41 1.26 -13.51 -41.83 -45.33
Pre Tax Margin(%) -1.59 0.07 1.29 0.68 1.26 0.55 1.64 0.15 -15.05 -42.37 -45.42
PAT Margin (%) -2.13 0.21 1.19 -1.64 0.84 0.04 3.25 0.04 -10.89 -39.28 -21.25
Cash Profit Margin (%) 18.25 23.73 33.32 33.95 9.31 8.37 15.79 9.25 4.29 20.41 42.69
ROA(%) -0.63 0.05 0.23 -0.27 0.62 0.03 1.82 0.03 -4.23 -3.23 -1.14
ROE(%) -1.72 0.15 0.62 -0.82 2.18 0.12 5.78 0.08 -13.67 -14.45 -7.73
ROCE(%) 0.47 1.34 1.88 1.07 5.47 4.18 4.73 2.18 -14.14 -9.15 -6.26
Receivable days 0.38 0.53 0.92 5.9 27.28 30.12 32.4 29 53.24 244.57 261.87
Inventory Days 75.19 129.89 195.27 146.37 30.12 31.46 60.82 56.95 108.66 355.14 317.31
Payable days 1428.29 2920.99 2063.13 2426.38 581.94 463.14 706.7 623.29 1004.57 3682.59 5972.57
PER(x) 0 413.7 200.44 0 43.28 444.44 12.72 2996.23 0 0 0
Price/Book(x) 0.59 0.62 1.24 0.97 0.94 0.55 0.72 2.27 2.78 9.63 10.88
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.37 1.66 2.38 2.3 0.56 0.32 0.64 1.33 2.34 27.35 34.03
EV/Core EBITDA(x) 6.45 6.25 6.48 6.04 4.17 2.75 3.44 10.79 -43.98 -75.73 -97.95
Net Sales Growth(%) -14.71 -13.43 -25.39 -5.32 342.49 17.81 -38.92 24.69 -41.11 -72.27 -11.76
EBIT Growth(%) -66.49 194.25 16.74 -49.32 487.82 -22.82 13.58 -53.87 -685.01 21.34 4.39
PAT Growth(%) -319.29 108.64 316.39 -231.01 369.38 -94.29 4734.26 -98.64 0 8.39 52.27
EPS Growth(%) -319.1 108.64 316.39 -231.01 369.38 -94.3 4741.98 -98.65 0 8.4 52.27
Debt/Equity(x) 0.55 0.57 0.02 0.28 0.35 0.28 0.28 0.21 0.19 1.25 2.05
Current Ratio(x) 0.19 0.3 0.17 0.24 0.37 0.33 0.44 0.42 0.42 0.33 0.22
Quick Ratio(x) 0.1 0.07 0.07 0.13 0.28 0.2 0.27 0.22 0.27 0.24 0.16
Interest Cover(x) 0.35 1.03 1.38 1.38 1.83 1.4 1.93 1.14 -8.79 -77.23 -509.13
Total Debt/Mcap(x) 0.93 0.92 0.01 0.29 0.37 0.51 0.39 0.09 0.07 0.13 0.19

Piccadily Sugar Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 74.98 74.98 74.98 74.98 74.98 74.98 74.98 74.98 74.98 74.98
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.02 25.02 25.02 25.02 25.02 25.02 25.02 25.02 25.02 25.02
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Piccadily Sugar News

Piccadily Sugar Pros & Cons

Pros

Cons

  • Company has a low return on equity of -12% over the last 3 years.
  • Debtor days have increased from 3682.59 to 5972.57days.
  • Stock is trading at 6.1 times its book value.
  • Earnings include an other income of Rs. 2 Cr.
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